Users will be able to stake ibALPACA for $92k USD in POLAR rewards, which will be distributed over 4 weeks in the Grazing Range. The pool will go live on Oct 19th, 2021 at 10 AM GMT. As usual for a Grazing Range pool, you will also have a chance to earn exclusive NFTs if you meet the staking criteria.
Grazing Range Reward Details
- Total Rewards: 1,369,000 POLAR (~$92k USD)
- POLAR Token: 0xC64c9B30C981fc2eE4e13d0CA3f08258e725fd24
- Rewards Period: 4+ weeks
- Rewards Start Block: 11,910,600 (Approx. Oct 19th, 2021 10 AM GMT)
- Rewards End Block: 12,717,000 (Approx. Nov 16th, 2021 10 AM GMT)
Exclusive NFT Cards for Pool’s Stakers
To be eligible, you must stake ibALPACA in the POLAR Grazing Range pool before October 20th, 10 AM GMT (1 day after the pool opens) and stake until at least November 16th, 10AM GMT (for 27 days). The NFT tier you receive will be based on the amount of ibALPACA staked.
- Green Tier: staked at least 500 ibALPACA
- Silver Tier: staked at least 5,000 ibALPACA
- Gold Tier: staked at least 50,000 ibALPACA
PolarSync is a well funded startup in the cryptocurrency space. They are at their core, a big data company, which provides powerful API services designed for decentralized applications (“dapps”) on the blockchain. The protocol provides a highly robust, scalable infrastructure for developers to index, query and retrieve data at exceptionally fast speeds.
Alpaca Finance is a leverage yield farming protocol built on the Binance Smart Chain. It allows yield farmers to earn higher returns by opening leveraged positions.